Guest Seminars 2000-2009

Dimitris Papanikolaou, Northwestern University

"Investment-Specific Technological Change and Asset Prices"

Jeffery Zwiebel, Stanford University

"Executive Pay, Hidden Compensation and Managerial Entrenchment"

Pierre-Olivier Weill, UCLA

"Liquidity Shocks and Order Book Dynamics"

Nikolai Roussanov, University of Pennsylvania

"Diversification and its Discontents: Idiosyncratic and Entrepreneurial Risk in the Quest for Social Status"

Gianni de Nicolai, International Monetary Fund

"Banking Crises and Crises Dating: Theory and Evidence"

Joshua Rauh, University of Chicago

"Capital Structure and Debt Structure"

Christian Julliard, London School of Economics

Can Rare Events Explain the Equity Premium Puzzle?

Zhiguo He, University of Chicago

"Dynamic Bank Runs"

Martin Oehmke, Columbia University

"Liquidating Illiquid Collateral"

Geert Bekaert, Columbia University

"Liquidating Illiquid Collateral"

Johan Walden, UC-Berkeley

"Banking and Asset Prices"

Amir Sufi, University of Chicago

"House Prices, Homeowner Borrowing, and the U.S. Household Leverage Crisis"

Raghuram Rajan, University of Chicago

"Fear of Fire Sales and the Credit Freeze"

S. Vish Viswanathan, Duke University

"Moral Hazard, Collateral and Liquidity"

Wei Jiang, Columbia University

"Payoff Complementarities and Financial Fragility: Evidence from Mutual Fund Outflows"

Itay Goldstein, University of Pennsylvania

"Market-Based Corrective Actions: The Case of Bank Supervision"

Philip Dybvig, Washington University in Saint Louis

"Collected Works of Stephen A. Ross: Some Highlights"

Steven A. Sharpe, Federal Reserve Board

"Expectations of Risk and Return Among Household Investors: Are their Sharpe Ratios Countercyclical?"

Adrien Verdelhan, Boston University

"Common Risk Factors in Currency Markets"

David Musto, University of Pennsylvania

"Valuable Information and Costly Liquidity: Evidence from Individual Mutual Fund Trades"

Michael Weisbach, University of Illinois at Urbana-Champaign

"Corporate Financial and Investing Policies When Future Financing is not Frictionless" 

Chris Hennessy, University of California at Berkeley

"Corporate Financing Under Repeated Adverse Selection"

Mara Faccio, Vanderbilt University

"Sudden Deaths: Taking Stock Of Political Connections"

David Goldreich, Rotman School, University of Toronto

"Behavioral Biases of Dealers in U.S. Treasury Auctions"

Stijn Van Nieuwerburgh, New York University

"Why Has House Price Dispersion Gone Up?"

Andrea Eisfeldt, Northwestern University

"Leasing, Ability to Repossess, and Debt Capacity"

Michael Johannes, Columbia University

"Understanding Index Option Returns"

Claire Rosenfeld, Carlson School of Management

"The Effect of Banking Relationships on Financially Distressed Firms"

Steven Grenadier, Stanford University

"Investment under Uncertainty and Time-Inconsistent Preferences"

Timothy C Johnson, University of Illinois

"Market Liquidity and Liquid Wealth"

Motohiro Yogo, University of Pennsylvania

"Why do Household Portfolio Shares Rise in Wealth?"

David Scharfstein, Harvard Business School

"Skill vs. Luck in Entrepreneurship and Venture Capital: Evidence from Serial Entrepreneurs"

Dirk Hackbarth, Washington University

"The Dynamics of Mergers and Acquisitions in Oligopolistic Industries"

Alon Brav, Duke University

"Costly Communication, Shareholder Activism, and Limits to Arbitrage"

Richard Roll, University of California at Los Angeles

"Liquidity and the Law of One Price: The Case of the Futures/Cash Basis"

Cesare Robotti, Federal Reserve Bank

"Asset Pricing Models and Economic Risk Premia: A Decomposition"

Naveen Khanna, Michigan State University

"Good IPO's Draw in Bad: Inelastic Banking Capacity in the Primary Issue Market"

Robert Marquez, University of Maryland

"Governance Mechanisms and Corporate Disclosure"

Peter Bossaerts, California Institute of Technology

"Markowitz in the Brain"

Simon Gervais, Duke University

"Overconfidence, Investment Policy and Manager Welfare"

Holger Mueller, New York University

"Concentrated Ownership and Labor Relations"

Andrea Frazzini, NYU

"Dumb Money: Mutual Fund Flows and Cross-Section of Stock Returns"

Lubo Litov, Washington University

"Corporate Governance and Financing Policy: New Evidence"

Bernard Dumas, INSEAD

"What can Rational Investors do about Excessive Volatility and Sentiment Fluctuations"

Jeff Brown, University of Illinois at Urbana-Champaign

"The Interaction of Public and Private Insurance: Medicaid and the Long-Term Insurance Market"

Antoinette Schoar, MIT

"Mixing Family with Business: A Study of Thai Business Groups and the Families Behind Them"

Xiaoyun Yu, University of Minnesota

"The Role of Media in the Internet IPO Bubble"

Dirk Jenter, MIT

"Employee Sentiment and Stock Option Compensation"

David C. Smith, University of Minnesota

"Look at Me Now: The Role of Cross-Listing in Attracting U.S. Shareholders"

Andrew Rose, University of California-Berkeley

"Estimating the Expected Marginal Rate of Substitution: Exploiting Idiosyncratic Risk"

Zsuzsanna Fluck, Michigan State University

"Venture Capital Contracting and Syndication: An Experiment in Computational Corporate Finance"

Gene Amromin, Federal Reserve

"From the horse's mouth: Gauging stock market expectations and their determinants from surveys of household investors"

Dan Wolfenzon, New York University

"A Theory of Pyramidal Ownership and Family Business Groups"

Bob McDonald, Northwestern University

"Portfolio Choice and Corporate Financial Policy When There Are Tax-Intermediating Dealers"

Vijay Yerramilli, University of Houston

"Optimal Investment Structure for a Start-Up Firm: Flexibility versus Incentives"

Murray Frank, University of British Columbia

"The Market Impact of Corporate News Stories"

Armando Gomes, University of Pennsylvania

"Why Do Public Firms Issue Private and Public Equity, Convertibles and Debt?"

Mike Lemmon, University of Utah

"Shareholder Welfare and Bid Negotiation in Freeze-Out Deals: Are Minority Shareholders Left Out in the Cold?"

Andrew Winton, University of Minnesota

"Bank Loans, Bonds, and Information Monopolies across the Business Cycle with Joao Santos"

Mitchell A. Petersen, Northwestern University

"Does the Source of Capital Affect Capital Structure?, with Michael Faulkender"

Alexander Ljungqvist, New York University

"Competing for Securities Underwriting Mandates"

Gordon Phillips, University of Maryland

Firm-Specific Resources, Financial-Market Development and The Growth of U.S. Multinationals"

Robert Marquez, University of Maryland

"Lending Booms and Lending Standards"

Gustavo Grullon, Rice University

"Can Managers Forecast Aggregate Market Returns?"

Jay Hartzell, University of Texas at Austin

"Explaining Corporate Governance: Boards, Bylaws, and Charter Provisions"

Rick Green, Carnegie Mellon University

"Mutual Fund Flows and Performance in Rational Markets"

Gordon Phillips, University of Maryland

"The Industry Life-Cycle and Financial Dependence: Does Firm Organization Matter?" 

Rajesh Aggarwal, University of Virginia

"Access, Common Agency, and Board Size"

Phil Strahan, Boston College

"Banks' Advantage in Hedging Liquidity Risk: Theory and Evidence from The Commercial Paper Market"

Michelle Lowry, Pennsylvania State University

"Does Disclosure Deter or Trigger Litigation?" 

Julie Wulf, University of Pennsylvania

"Are Managerial Perks Primarily a Form of Private Benefit?"

Randall Morck, University of Alberta

"The Rise and Fall of the Widely Held Firm in Canada"

Pierluigi Balduzzi, Boston College

"What Do We Do with Our Pension Money? Recent Evidence from 401(k) Plans"

John Graham, Duke University

"Do Dividend Clienteles Exist? Evidence on Dividend Preferences of Retail Investors"

Lorenzo Garlappi, University of Texas, Austin

"Portfolio Selection with Parameter and Model Uncertainty: A Multi-Prior Approach"